Instacart's Growth Continued in Q2 Ahead of IPO - WSJ

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BTIG's Krinsky Keeping an Eye on the SPX 20 DMA

August 22, 2022 4:04 PM EDT

BTIG analyst Jonathan Krinsky told investors in a note Monday that while the firm is watching SPX 4,177 (its June high), they have also noted that the 20 DMA is 4,166.

"There were some buyers around that level off the open, but an inability to hold above that would be another... More

State Department: A Nuclear Deal Is Closer Now Than It Was Two Weeks Ago - Reuters

August 22, 2022 2:34 PM EDT

State Department: A Nuclear Deal Is Closer Now Than It Was Two Weeks Ago - Reuters

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Ned Davis Research Shifts to Bullish on Equities - Bloomberg

August 22, 2022 1:22 PM EDT

Independent research firm Ned Davis Research is shifting to a bullish view on equities once again after ditching its call at the start of the year, Bloomberg reported Monday.

The firm has reportedly moved to an overweight allocation on global stocks, the first time since January 20, a few... More

Positioning and declining inflation to support further recovery - JP Morgan's Kolanovic

August 22, 2022 1:14 PM EDT

JP Morgan's strategists Marko Kolanovic said positioning and declining inflation to support further recovery.

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Wall Street ends sharply lower on fears of aggressive Fed

August 22, 2022 7:48 AM EDT

By Noel Randewich and Bansari Mayur Kamdar

(Reuters) - Wall Street ended sharply lower on Monday as investors fretted about a U.S. Federal Reserve gathering later this week in Jackson Hole, Wyoming, that is expected to reinforce a strong commitment by the central bank to stamp out inflation.

All 11 S&P 500 sector indexes declined, led lower by consumer discretionary, down 2.84%, followed by a 2.78% loss in information technology.

Nvidia Corp dropped 4.6% and Amazon.com Inc fell 3.6%, while Microsoft Corp and Apple Inc each lost more than 2% as the benchmark 10-year U.S. Treasury yield rose to its... More